Sunday, July 31, 2016

The Sensex Outlook for the Week Starting 01-08-2016


Expect the Sensex to consolidate around 28000 as the month of August begins. However, August promises to be a very exciting month with a few new 52 Week highs in store.
The near term target for the Sensex is 28289 and the suggested S/L level for August bulls is 27727.

Date 1-Aug-16
S2 28,001
S1 28,038
Sensex Previous Close                               28,051.86
R1 28,108
R2 28,228
Sensex Fair Value 27,896


























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